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INDUS Realty Trust to Be Acquired by Centerbridge Partners and GIC Real Estate in a Transaction Valued at $868 Million

INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today announced it has entered into a definitive merger agreement under which affiliates of Centerbridge Partners, L.P. (“Centerbridge”), a leading global private investment firm with deep experience in real estate, and GIC […]

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The Wall Street Journal – Private Equity Taps Insurers’ Cash to Speed Up Growth

Investment firms that play on the cutting edge of finance are turning to one of the oldest businesses on Wall Street to turbocharge their growth: insurance. Private-credit fund managers such as Blackstone Inc., Carlyle Group Inc. and Centerbridge Partners are increasingly forming partnerships with insurers, or buying […]

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The Wall Street Journal – Distressed Debt Investors Foresee Fewer Defaults Through Next Downturn

Despite a growing pile of corporate debt and signs that a recession could be on the horizon, investors that specialize in taking over troubled companies say corporate America appears well positioned to weather a possible economic downturn later this year. “We are likely heading into a very […]

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Reimagining the college experience: An interview with CUNY’s Félix Matos Rodríguez

Technology and flexibility will play a larger role in educating the next generation of students at the City University of New York, says its chancellor. With more than 440,000 students across 25 colleges and an operating budget of close to $4 billion, the City University of New […]

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Pie Insurance Announces $315 Million Series D Round of Funding

Pie Insurance, an insurtech company specializing in workers’ comp insurance for small businesses, today announced it raised a $315 million Series D round of funding. The round was led by Centerbridge Partners and Allianz X, the digital investments arm of Allianz Group. White Mountains Insurance Group also joined […]

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New Reinsurer “Martello Re” Launches with Backing of MassMutual, Centerbridge Partners and Brown Brothers Harriman

Martello Re Limited (“Martello Re”), a licensed Class E Bermuda-based life and annuity reinsurance company with initial equity of $1.65 billion, has been launched with the financial support of Massachusetts Mutual Life Insurance Company (“MassMutual”), Centerbridge Partners, Brown Brothers Harriman, and a pre-eminent group of institutional investors […]

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